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Ammon News - The United Nations Development Program (UNDP) and the Jordan Strategy Forum on Wednesday signed a Memorandum of Understanding to jointly conduct analyses, policy-related dialogues and advocacy activities to enrich key national development processes related to local economic development.

In a statement on Wednesday, the UNDP said that joint activities with the forum will prop up initiatives to achieve economic development, sustainable growth and prosperity for all Jordanians, in addition to leveraging comparative advantages and expertise. The agreement will also support legislation and policies that enhance the economic environment in the Kingdom.

"This cooperation comes within the framework of expanding partnerships with institutions and organizations, with which the forum has common interests," said Nisreen Barakat, Director General of the JSF. The aim, she indicated, is to create a local development indicator that measures development in Jordan within five categories; health, education, infrastructure and economic activities and social conditions.

UNDP Jordan's Resident Representative Randa Abu Al Hosn stated that each country's financial relations are a continuously developing system that responds to changes in economic, demographic and political factors.

The UNDP will work alongside the forum and national partners to bring in the top global experts, generate reliable and accurate data, and provide high-quality consultancy on local investment policies to achieve the Sustainable Development Goals in Jordan, she added.